Naked 'Nirvana baby' still chasing dollars!!

Spencer Elden, the underwater infant pursuing a dollar bill on the cover of 1991's "Nevermind" is doing swimmingly these days, having graduated a year early from a Los Angeles-area high school.

Being the "Nirvana baby" -- as Elden calls himself -- has been profitable.

Now 17, Elden says he was paid $1,000 to re-enact the famous pool pose for photographers. Compare that to the original shoot which paid $200.

Damn! That was small. I would command $10,000 today for that! One thing, why does he have pants on? I guess that was why the price was $1k. LOL!

CNN reports....